Agreement provides ip-telephony to stockholm energy€s customers

AGREEMENT PROVIDES IP-TELEPHONY TO STOCKHOLM ENERGY'S CUSTOMERS Glocalnet can today announce that the company's subsidiary, Stockholm Telecom AB, has signed an agreement with Stockholm Energi. The agreement declares that both companies will jointly conduct marketing activities towards the customers of Stockholm Energi. The co-operation will provide access via IP telephony, to cellular phones and international calls, for 450 000 households in Stockholm. The co-operation will also include integrated bills for the two companies' services as soon as the technical integration is solved. Glocalnet is a next-generation telecommunication company that combines telecommunications and IP networking technology to produce flexible and cost- effective services. Currently, the company is building a Pan-European network for Voice-over-IP services. Glocalnet is an initiator of a global Voice-over- IP alliance covering four continents. Glocalnet´s headquarters are located in Stockholm, Sweden. The Company's stock is listed on the Reuters page of Aragon, a Swedish investment bank. For further information please contact: Stefan Krook, Chief Executive Officer Hanna Bergholm Information manager Glocalnet AB Hälsingegatan 40, 113 43 Stockholm, Sweden Tel: +46 8 566 34 100 Fax: +46 8 566 34 141 http;//www.glocalnet.com e-mail: info@glocalnet.com